In the Twin Cities, demand for single-family homes begins the seasonal rise after January 1st.
Read MORENew listings were significantly up from Dec. with 4k+ homes in the market in Jan. as expected.
Read MOREThe slight increase in the home inventory was mainly powered by the seasonal increase in new listings.
Read MOREDramatic rises in mortgage rates have caused demand to collapse to its lowest level.
Read MOREMortgage rates moved up 2.5% in December to 3.11% for the average 30-year-fixed in the US.
Read MOREHome inventory fell 6% in January and down 20% YOY to yet another record low of 4,033 units.
Read MOREEmail or call us today to schedule a free consultation and find out what they can do to add value to your residential purchase or sale.